Home Blockchain MaalChain Launches: Pioneering Ethical Governance in Blockchain with Seamless Regulatory Integration

MaalChain Launches: Pioneering Ethical Governance in Blockchain with Seamless Regulatory Integration

by Abigail Bautista

MaalChain: Pioneering Ethical Blockchain Governance

In the realm of blockchain technology, one platform has emerged as a frontrunner in championing regulatory compliance and ethical standards. MaalChain, an avant-garde blockchain platform based in Kuala Lumpur, Malaysia, is spearheading the charge towards resolving the obstacles that have hindered the widespread adoption of blockchain.

At the heart of MaalChain’s mission is the concept of regulatory compliance and ethical governance. To ensure adherence to crucial regulations, which is a prerequisite for governments and financial institutions, MaalChain employs groundbreaking concepts such as the “Concept-of-Identity.” This innovative approach serves as a conduit for ensuring compliance and ethical standards within the blockchain ecosystem.

One of the distinctive features of MaalChain is its unwavering dedication to equitable and ethical governance. This is achieved through the MaalChain Validator DAO, which amplifies the platform’s governance authority. The DAO consists of 150 validators who are ranked based on their MAAL coin holdings and successful Know Your Customer (KYC) verification. Validator privileges are conferred through non-fungible tokens (NFTs), which guarantee DAO membership with a mandatory five-year vesting period.

Ethical standards are upheld through governance mechanisms that tie incentives to transaction fees and staking rewards, with a limit of two validator NFTs per entity to prevent undue influence. Validators have the option to increase their MAAL coin holdings to secure higher rankings within their respective strata.

To ensure accountability and compliance, MaalChain employs an artificial intelligence system called Al-Muttaqin. This system carefully screens project listings on the platform, awarding blue ticks to those that meet the rigorous criteria. Projects that adhere to Shariah principles receive the esteemed golden ticks. This stringent process ensures a commitment to accountability and compliance.

MaalChain aims to bring about a metamorphic transformation of global business interactions. To achieve this, the platform seamlessly integrates compliance into its core ethos. It incorporates diverse ecosystems such as Ramz MarketCap, RamzSwap, and the PanSEA NFT marketplace, all of which undergo rigorous KYC and verification processes.

Trust, security, equity, and efficiency are the pillars on which MaalChain’s aspirations are built. This recalibration makes blockchain technology an irresistible proposition for Islamic communities and those seeking an ethical blockchain solution.

MaalChain’s Layer-2 EVM blockchain offers improved transactional velocity and significantly reduced costs compared to other platforms. This empowers governments and financial institutions to deploy tailored regulations through private decentralized applications (dApps). The seamless integration of EVM tools streamlines the deployment of dApps.

The platform’s unassailable guarantees of security, privacy, and ethical integrity make it an attractive proposition for both utilization and development. The upcoming Initial Exchange Offering (IEO) on the P2B exchange will offer MAAL tokens to discerning investors.

The MAAL tokenomics structure, featuring a fixed 10 billion supply, serves as a deflationary measure to ensure long-term sustainability. Further announcements regarding the availability of Centralized and Decentralized Exchanges (CEX and DEX) are expected in the near future.

MaalChain remains resolute in shaping the evolution of blockchain technology, firmly rooted in the principles of integrity, regulatory compliance, and ethical excellence. Its remarkable technological innovations are poised to reshape the landscape of global business interactions.

About MaalChain:
MaalChain is a pioneering blockchain platform headquartered in Kuala Lumpur, Malaysia. It is on the forefront of revolutionizing global interactions by seamlessly integrating compliance into its network, ensuring regulatory adherence and ethical excellence for businesses and governments alike.

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Dimitri Rizzi

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